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Nov 9, 2012
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. >> sean: i am looking at john boehner tonight. i am thinking, he was the headline on abc world news, boehner exclusive, raising taxes, new revenue on the table. why is he caving when obama is the one who needs this deal more than anybody? why is he caving before it starts? >> he is caving because he knows there has to be a deal. the market was down 4 50 points in two days? >> that's the pressure on obama. >> but after an election that you lose, the american people want conciliation. center-right country doesn't mean-- >>> we there to go. >> i don't think we lost the election. we held the congress. >> same thing. >> sean: all of this process, we are in the same boat we were in before. >> $300 billion-- >>> $6 trillion in new obama debt. harry reid took his victory lap and delivered some disturbing remarks, he has ideas about limiting republicans' ability to oppose democratic initiatives in the senate. are we looking at serious abuse of power? will he be successful? will republicans hold the line? that's all coming up. [ metal rattl
. >> sean: i am looking at john boehner tonight. i am thinking, he was the headline on abc world news, boehner exclusive, raising taxes, new revenue on the table. why is he caving when obama is the one who needs this deal more than anybody? why is he caving before it starts? >> he is caving because he knows there has to be a deal. the market was down 4 50 points in two days? >> that's the pressure on obama. >> but after an election that you lose, the american people want...
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Nov 9, 2012
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john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in a little bubble next to the man's name on a piece of paper is technically how we endorse a person in america. mr. mcconnell does not see it that way. on the political wire the romney's campaign would have could have should have transition website today. surely, this was not supposed to go live until mr. romney actually won the election. the campaign did not wait. they presumably accidentally put it up, a transition website for president-elect romney, how to apply for a job with the new romney administration. looks like because they screen shot it before they finally
john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in...
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Nov 9, 2012
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and while john boehner hinted at some taxes going up, he also listed some conditions. >> and it is not like there is money in social security or medicare, this has to be dealt with, so everything, everything on the revenue side and on the spending side has to be looked at. >> reporter: now brian, the white house says that social security shouldn't be a part of these negotiations. but i can tell you, republicans won't participate if social security is not. >> all right, chuck todd in the white house, thank you. >>> there is a video of president obama getting wide circulation. it shows him tearfully addressing campaign staff at headquarters in chicago, at the end of a long and grueling campaign. he tells the young staffers they are better than he was at their age. he tells them their experience will send them on their way for life. >> what you guys have done, the work that i'm doing, i am really proud of that. i am really proud of all of you. and -- and what you have just done? well, not allowing much time for sentiment or reflection, the president woke up to this, this morning. the bloo
and while john boehner hinted at some taxes going up, he also listed some conditions. >> and it is not like there is money in social security or medicare, this has to be dealt with, so everything, everything on the revenue side and on the spending side has to be looked at. >> reporter: now brian, the white house says that social security shouldn't be a part of these negotiations. but i can tell you, republicans won't participate if social security is not. >> all right, chuck...
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Nov 10, 2012
11/12
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. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am because at the end of the year if kopg does nothing, bush taxes expire, the payroll tax cut e ye expires, emergency unemployment benefits end and $984 billion in automatic cuts and defense and d domestic budgets are triggered. they estimate that would cause the economy to take a significant hit, raising unemployment to 9.1% by the endo of next year.t, but the real political sticking point is taxes. the president called on congresi to make tax cuts for people making less than $200,000, and drew a line in the sand. t >> i refuse to accept any ised approach that is not balanced.nh and on tuesday night, we found out the majority of americans agree with my approach. >> reporter: the president was referring to the tuesday exit poll which indicated nearly 60% of voters would support higher taxes on the wealthy. and while john boehner hinted ar some taxes going up, he also listed some conditions. >> and it is not like there is a money in social security or medicare, this has to be dealt with, so ever
. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am because at the end of the year if kopg does nothing, bush taxes expire, the payroll tax cut e ye expires, emergency unemployment benefits end and $984 billion in automatic cuts and defense and d domestic budgets are triggered. they estimate that would cause the economy to take a significant hit, raising unemployment to 9.1% by the endo of next year.t, but the real political sticking point...
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Nov 14, 2012
11/12
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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Nov 8, 2012
11/12
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he's been calling congressional leaders, and both the president and republican house speaker john boehner are talking about a new spirit of cooperation. but there are battles ahead and we have a team of correspondents covering this fresh start with old players in washington. first, nancy cordes with the president. >> reporter: the president and his family boarded air force one in chicago this afternoon after a visit to campaign headquarters where president obama embraced his campaign manager, jim messina, and elated staffers and volunteers. despite all the talk beforehand of a razor tight race, in the end president obama captured all but two of the states he won in 2008. i just spoke with governor romney and i congratulated him and paul ryan on a hard-fought campaign. (applause) we may have battled fiercely, but it's only because we love this country deeply and we care so strongly about its future. >> reporter: before a cheering crowd of thousands in south chicago, president obama laid out an ambitious second-term agenda: deficit reduction, tax code reform, immigration reform, and energy
he's been calling congressional leaders, and both the president and republican house speaker john boehner are talking about a new spirit of cooperation. but there are battles ahead and we have a team of correspondents covering this fresh start with old players in washington. first, nancy cordes with the president. >> reporter: the president and his family boarded air force one in chicago this afternoon after a visit to campaign headquarters where president obama embraced his campaign...
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Nov 13, 2012
11/12
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john boehner wants to find common ground. and even sean hannity is trying to shift to the middle. >> we have to get rid of the immigration issue all together. it's simple. you control the border first. you create a pathway for those that are here. you don't say you have to go home. and that's a position i have evolved on. because you know what, it's got to be resolved. the majority of people here, some have criminal records, you can send them home. but if they are law-abiding, kids are born here, first secure the border, pathway to citizenship, done. whatever little penalties you want to put in there. then it's done. >> pathway to citizenship, done. where was all this talk before the election? you see this is all about getting votes. it's not coming from the heart. reforming immigration policy is a huge risk for the republicans. they could alienate their base. there's no guarantee they will win the latino vote in the long run. let's turn to ruy teixeira. great to have you with us. >> delighted to be here. >> you predicted thi
john boehner wants to find common ground. and even sean hannity is trying to shift to the middle. >> we have to get rid of the immigration issue all together. it's simple. you control the border first. you create a pathway for those that are here. you don't say you have to go home. and that's a position i have evolved on. because you know what, it's got to be resolved. the majority of people here, some have criminal records, you can send them home. but if they are law-abiding, kids are...
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Nov 9, 2012
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john boehner has his own base. i always struck chuck last night, john boehner comes out in that interview and talks about immigration reform. watch tweeter, afterwards. steve king from iowa, john fleming from louisiana. house conservatives. i talked to staffers, they said they don't represent the house but you give them attention. when they go to twitter and tee off in the minutes after their speakers talks about immigration reform. >> steve king is already making noises about running for the tom harkin seat. is harkin retiring? we don't know for sure. that's been the long assumption. big opportunity for republicans midterm. iowa on top of the ticket. >> abs lieuly. >> already we know that there's going to be a real republican primary. mitch mcconnell and john corbin basically went about this in a placate the base, contindon't, know, disrupt this. and it failed. now, they're not getting blame and i'm surprised. >> here's the deal. in 2010 they did get involved in a lot of places. >> they tried. >> they tried. most
john boehner has his own base. i always struck chuck last night, john boehner comes out in that interview and talks about immigration reform. watch tweeter, afterwards. steve king from iowa, john fleming from louisiana. house conservatives. i talked to staffers, they said they don't represent the house but you give them attention. when they go to twitter and tee off in the minutes after their speakers talks about immigration reform. >> steve king is already making noises about running for...
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Nov 16, 2012
11/12
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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Nov 11, 2012
11/12
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WBAL
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president obama is lucky to have john boehner on the other side that have table because john bainer is not a crazy person. and he can work a deal. right now he simply does not have the votes. but -- again, the president does have to lead here. he has to bring something to the table. he has to be willing to give some that so that john boehner can bring his people to the table, too. but he can deliver. he's been mischaracterized i think. it's convenient for the white house to say, oh, boehner can't get his people behind him. boehner always gets his people behind him but the president has to bring something forward. chris: i'm thinking there's a possible deal there where boehner says i can release enough people for to you join your side, and you can get it passed. >> the tea party has been folded into the republican party them. don't like it. but -- chris: here we go, the big question for the president. does he go hard left, push for big tax increases on the rich? hold out for the toughest, most progressive program which will be applauded by the people on the left and say, they're already
president obama is lucky to have john boehner on the other side that have table because john bainer is not a crazy person. and he can work a deal. right now he simply does not have the votes. but -- again, the president does have to lead here. he has to bring something to the table. he has to be willing to give some that so that john boehner can bring his people to the table, too. but he can deliver. he's been mischaracterized i think. it's convenient for the white house to say, oh, boehner...
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Nov 8, 2012
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we will start with harry reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a republican majority. if there was a mandate, it is a mandate for us to find a way to work together on the solutions to the challenges we all face as a nation. my message today is not one of confrontation, but one of conviction. mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. we want you to lead as president of the united states of america. we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's do the right thing together for our country. host: ron, you are up
we will start with harry reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a...
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Nov 16, 2012
11/12
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FBC
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john boehner did offer framework. the framework would have tax and entitlement targets, revenue targets, spending targets, that this year in the next couple months. congress would work out the details in 2013. both leaders from both parties and both houses say it is time to get to work. >> we will continue to have revenue on the table. we are serious. we are serious about cutting spending and solving our fiscal problems. >> we will do it now. we feel very comfortable with each other. this is not something we will wait until the last day of december to get it done. rich: they met for a little longer than an hour here at the white house. much of the talk was positive. there really is not anything close to specifics right now coming from anyone in all of this. here he read and nancy pelosi really did not mention entitlement at all. rich o'connell highlighted the fact that his conference in the senate believes that this country does not have a taxing problem, it has a spending problem. there are still two very different b
john boehner did offer framework. the framework would have tax and entitlement targets, revenue targets, spending targets, that this year in the next couple months. congress would work out the details in 2013. both leaders from both parties and both houses say it is time to get to work. >> we will continue to have revenue on the table. we are serious. we are serious about cutting spending and solving our fiscal problems. >> we will do it now. we feel very comfortable with each...
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Nov 8, 2012
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do you think the president needs a beer summit, mitch mcconnell, john boehner? the three get together and figure out how to work together. >> we need to get everybody in the room. everybody should be at the table, and everything should be on the table, and the time is now to do that. >> my power panel, thanks so much, gentlemen. i appreciate your insights. coming up in just a few minutes, i'm going to have a chance to talk to dnc chairwoman, congresswoman debbie waserman schultz will join us. >>> congresswoman gabby giffords will come face to face with the shooter who nearly took her life and the lives of 11 others. >>> why are we waiting on florida once again? we're going to talk to debbie wasserman schultz about her home state. president obama reelected. what should be the first thing on his agenda? . ♪ 99 bushels of wheat on the farm...99 bushels of wheat! ♪ [ male announcer ] yep, there's 8 layers of whole grain fiber in those mini-wheats® biscuits... to help keep you full... ♪ 45 bushels of wheat on the farm. 45 bushels of wheat! ♪ ...all morning l
do you think the president needs a beer summit, mitch mcconnell, john boehner? the three get together and figure out how to work together. >> we need to get everybody in the room. everybody should be at the table, and everything should be on the table, and the time is now to do that. >> my power panel, thanks so much, gentlemen. i appreciate your insights. coming up in just a few minutes, i'm going to have a chance to talk to dnc chairwoman, congresswoman debbie waserman schultz...
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lou: john boehner talking with abc saying that there is no tea party pocket. this is a major statement by speaker of the house. >> i feel like there was a disconnect between what i was seeing on television, which were rallies filled with people, and then these people going to the polls -- lou: when the speaker of the house that there is no -- [talking over each other] there is a lot of division. >> it is still there. i'm not sure he's going to be very effective at doing that, he's trying to rein in the caucus. lou: i think you're right, monica. thank you all for being here tonight. we are going to look at your comments really quickly. where is obama to help the battered northeast? and obama said the best is yet to come, so
lou: john boehner talking with abc saying that there is no tea party pocket. this is a major statement by speaker of the house. >> i feel like there was a disconnect between what i was seeing on television, which were rallies filled with people, and then these people going to the polls -- lou: when the speaker of the house that there is no -- [talking over each other] there is a lot of division. >> it is still there. i'm not sure he's going to be very effective at doing that, he's...
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Nov 9, 2012
11/12
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it's like john boehner agreed to in priest negotiations. other members saying hey, we can cut a deal. the key, the republicans move that way on taxes. what will the president deliver on entitlements? that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term. what is more likely is a short-term compromise and revisit broader tax reform, sometime down the line. they are trying to get out in front of what they see is inevitable. they want to avoid the tax rate that. they see is punitive. and so they are trying to get ahead of that. being open and signaling publicly, celebrateing they're open to additional revenues they come without increases in rates. i don't know if it will end up in a compromise but they will incyst on seeing more from the white house. >> the first back and forth, though, promising? >> it is. each si
it's like john boehner agreed to in priest negotiations. other members saying hey, we can cut a deal. the key, the republicans move that way on taxes. what will the president deliver on entitlements? that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term....
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Nov 16, 2012
11/12
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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Nov 15, 2012
11/12
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that's the struggle that john boehner's having right now. but it will further define the republican party. and if they can't come to grips with a balanced deal, where you're asking the wealthiest in the country, who have made so much money over the last decade, then that really shows what kind of party they are. and this is about the values that we hold as americans, ed. this is not about numbers. this is about values. >> well, you know, when you look at the way this is setting up, this has got a lot of 2014 talk to it already. i mean, these republicans are going to have to go home and explain, well, i couldn't go along with the tax cuts for the 98% of americans. that would put them against the middle class, wouldn't it? >> yeah. i mean, imagine on friday, when they're all sitting around the table, and the president says, hey, fellas, you know, you're going to be responsible for raising taxes on middle class americans. and if you fail to agree to this top 1% or top 2% tax increase that we're asking for, you go out. the microphones are in the
that's the struggle that john boehner's having right now. but it will further define the republican party. and if they can't come to grips with a balanced deal, where you're asking the wealthiest in the country, who have made so much money over the last decade, then that really shows what kind of party they are. and this is about the values that we hold as americans, ed. this is not about numbers. this is about values. >> well, you know, when you look at the way this is setting up, this...
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Nov 14, 2012
11/12
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FBC
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john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and concluded i think incorrectly that there is a huge amount of resources. i think that is untrue. >> a dozen of ceos meet with the president and a couple of hours from now after the president's news conference at 1:30. a number of these executives have been to the white house before. members of the export council, jobs council, ceo of of ge, tao, ford, also say what the white house on the different councils in some form or another. cheryl: we will be taken the tae news conference from the president lives and the ceo will have something to chew on afterwards. thank you very much. dennis: might get a little awkwa
john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and...
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Nov 9, 2012
11/12
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house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him sort of setting the scene and explaining to the american people what is at stake here, some of the things that christine outlined. we know that yesterday the cbo, congressional budget office put out a report saying that really the stakes here, that you could see the country sink into recession next year if we went off the fiscal cliff, that the unemployment rate could jump almost 2%. these are very serious things. this is post election. president obama's chance to kind of turn people's attention to this. and to urge congress to work together and to act. you heard him on tuesday night in chicago talking about the imp
house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him...
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Nov 16, 2012
11/12
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CURRENT
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now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing 16. israel has also begun moving troops toward the border and called up 30,000 reservists, muscle flexing to raise the specter of a ground invasion. president obama called benjamin netanyahu to pledge his support and morsi to assert israel's right to condemn itself and president morsi did not agree. saying today and i quote... >> eliot: to discuss the growing violence in gaza, i'm joined by our good friend, recently re-elected congressman jerry nadler of new york. sir, always a pleasure to have you on the show. >> good to be here. >> eliot: this is an escalation and a moment of tension that's unparall
now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing...
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Nov 9, 2012
11/12
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. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given where our economy is. >> is it on the table to talk about it -- the wealthier americans -- >> i made it clear yesterday, raising tax rates is unacceptable and it couldn't even pass the house. >> i would like a real republican party to am come back because the democrats need to have their feet held to the fire, also. but you need to have -- [overlapping dialogue] >> you can't have crazies running a party. on both sides. >> by the way, california is where we are head audio california is almost, folks, a microcosm of where the country is headed. >> i mean if they are balkanized out there, it's a bunch o
. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given...
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Nov 15, 2012
11/12
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and boehner, speaker john boehner, spoke today and said, wait, just cool your jets. we've got a lot of negotiating to do. they're not going to let that happen. but the stock market may be telling us that the house in checkmate will wind up with a recession from the fiscal cliff. in other words, no deal making means bad recession. is that a scenario -- is that what the market's telling us? >> i think you're dead on. if you look at what's happened, real incomes have fallen much more during the recovery than they did during the preceding recession. 4.8% down versus 2.7% down. unemployment is higher now than when the president first took office. what's made people feel good is a rising stock market. they felt wealthier. now with all these big tax increases coming on on capital gains and dividends, people don't feel that anymore. the significance of this poll, larry, is it's the first poll taken after the election. and the rhetoric has been very strong, also from harry reid. remember, when it looked like romney might win, he said there's going to be in reaching across the
and boehner, speaker john boehner, spoke today and said, wait, just cool your jets. we've got a lot of negotiating to do. they're not going to let that happen. but the stock market may be telling us that the house in checkmate will wind up with a recession from the fiscal cliff. in other words, no deal making means bad recession. is that a scenario -- is that what the market's telling us? >> i think you're dead on. if you look at what's happened, real incomes have fallen much more during...
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Nov 9, 2012
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. >> reporter: but yesterday, republican house speaker john boehner told diane sawyer that was a nonstarter. >> is it on the table to talk about? >> i made clear -- >> the wealthier americans pitch in. >> i made clear yesterday that raising tax rates is unacceptable. and frankly, it couldn't even pass the house. >> reporter: still, today, the president said the debate had been settled, with his victory tuesday night. >> this was a central question during the election. it was debated over and over again. and on tuesday night, we found out that the majority of americans agree with my approach. >> reporter: and he threw down the gauntlet, saying everyone agrees on keeping the middle class tax cuts for those who make under $200,000 a year. so, he say, congress should act on that now. >> and i've got the pen ready to sign the bill right away. i'm ready to do it. i'm ready to do it. >> reporter: and diane, president obama heads to asia next week. before he leaves, he is calling for a meeting of the top house and senate democrat and republican leaders to at least begin to try to find a compromise
. >> reporter: but yesterday, republican house speaker john boehner told diane sawyer that was a nonstarter. >> is it on the table to talk about? >> i made clear -- >> the wealthier americans pitch in. >> i made clear yesterday that raising tax rates is unacceptable. and frankly, it couldn't even pass the house. >> reporter: still, today, the president said the debate had been settled, with his victory tuesday night. >> this was a central question...
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Nov 12, 2012
11/12
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gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we have in the economy right now is businesses aren't inch investigating, they are not expand -lg your operations. can you think of a worst time to raise the tax rate on investment when investment went negative in the last quarter? if businesses are not investing they can't hire more workers and i agree with doug it could cause a ou double-dip recession. gregg: if you force higher income americans to pay more in taxes not through increasing their tax rates but rather closing the loopholes, deductions, credits and so on and so forth, that is still a net increase on that important sector. so how is th
gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we...
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liz: today president obama and house speaker john boehner spoke out about the troubles facing the nation. saying they need to work together. david: they always say that but when push comes to shove, will we see compromise on the critical issues? rich edson from the white house with details. is it going to happen? >> it is a little too early to tell, but look, the democrats campaign in raising taxes on those earning more than $250,000 per year and the voters he said have spoken. the white house later said the president would veto any bill that doesn't raise taxes on the wealthier taxpayers. he is willing to talk. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving the fiscal challenge. but i refuse to accept any approach that isn't balanced. speak of the president said he invited readers to come over to the white house. they tell us they're still working. the president will give a press conference next week, wednesday. david: house speaker gave the speech. what kind of a compromise are we talking about, the change of the 250,000? the president may say anything above
liz: today president obama and house speaker john boehner spoke out about the troubles facing the nation. saying they need to work together. david: they always say that but when push comes to shove, will we see compromise on the critical issues? rich edson from the white house with details. is it going to happen? >> it is a little too early to tell, but look, the democrats campaign in raising taxes on those earning more than $250,000 per year and the voters he said have spoken. the white...
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Nov 10, 2012
11/12
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in the last 24 hours, newly relie detectorred president barak obama and house speaker john boehner have both vowed that they will not let this happen. but is that even possible given today's decisive political climate? before we get into the discussion, let's first listen to what both men had to say. >> this is an opportunity for the president to lead. this is his moment. >> i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced. >> arthel: let's talk about it now. matt is the former white house political director under president george w. bush. alexis is the executive director for the american values institute. good to see both of you. >> great to be here. >> arthel: very good. so let's say that each of you is going to broker this deal. tell me the concessions you would make and what would be the deal breakers. i'm going to go with you first, matt. >> okay. so i'm in the seat of power. i guess if i'm a republican, i want to make sure that if i'm going to negotiate a deal that i've got real concessions in terms of getting a comprehensive
in the last 24 hours, newly relie detectorred president barak obama and house speaker john boehner have both vowed that they will not let this happen. but is that even possible given today's decisive political climate? before we get into the discussion, let's first listen to what both men had to say. >> this is an opportunity for the president to lead. this is his moment. >> i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced....
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Nov 11, 2012
11/12
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i believe if you let john boehner be john boehner he would make a good deal for the country. but if tea party continues and prevent them from leading thon issue and compromising where he has to then i think they're in more trouble than they are today. host: is this a reagan move? guest: that's a classic example i think. they had a great relationship and they didn't compromise their principles. ronald reagan didn't throw his principles out the window. he was willing to sit down. ronald reagan he raised taxes seven out of eight es years he was in the white house. and in honor of ronald reagan we have to sign a pledge never to raise taxes. that's caca. how about barack obama and chris christie, it's possible for them to work together and that's what the american people want. host: nancy me loss si fell short of recapturing the house the democrats picking up seven seats. i'm wondering if she's going to step down or a leadership fight within the party. guest: nancy is a great leader and a long time friend of mine. another former chair of the democratic party by the way. i don't kn
i believe if you let john boehner be john boehner he would make a good deal for the country. but if tea party continues and prevent them from leading thon issue and compromising where he has to then i think they're in more trouble than they are today. host: is this a reagan move? guest: that's a classic example i think. they had a great relationship and they didn't compromise their principles. ronald reagan didn't throw his principles out the window. he was willing to sit down. ronald reagan he...
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now, john boehner had something to say today about revenue. by revenue, everybody, we're talking about, well, that's the whole point. there's different things we could be talking about. here's john boehner. >> there will be many who will say that with the election over, we should confront the first of these challenges by letting the top two tax rates expire and pushing the sequester off. it won't get us out of the problem and it will also hurt our economy. because the american people expect us to find common ground, we're willing to accept some additional revenues via tax reforl. >> now, when i hear that, i don't hear i'm okay letting taxes go up on some people. i hear i'm okay closing loopholes and deductions where some high income earners may pay more than others. is that a deal you could work with? >> the question is is, what is speaker boehner saying? he really talking about a balanced approach or what he used to talk about and republicans have claimed, which is another round of tax breaks for wealthy people will somehow trickle down, magi
now, john boehner had something to say today about revenue. by revenue, everybody, we're talking about, well, that's the whole point. there's different things we could be talking about. here's john boehner. >> there will be many who will say that with the election over, we should confront the first of these challenges by letting the top two tax rates expire and pushing the sequester off. it won't get us out of the problem and it will also hurt our economy. because the american people...